Manifest Investing

Company	Ticker	Sector \| Industry	Quality	PAR
FactSet Research	FDS	Financials \| Capital Market Services	93	6.7%

Current Price (02/27)			$278.52
CAPS Rating (Rate this stock on CAPS)

Expected Income Statement
Current Book Value			1,450.37
Book Value Growth Forecast			8.2%
Return on Equity			26.5%

Projected Shares Outstanding			36.15
EPS - Five year Forecast			$15.80
Average P/E Ratio			23.0
Projected Average Price			$363.42

Price Appreciation (Annualized)			5.5%
Annual Dividend Yield			1.2%
Projected Annual Return			6.7%

Quality
Financial Strength			98	24.6
EPS Stability			100	24.9
Industry Book Value Growth Rate			8.5%	12.1
Industry Return on Equity			27.0%	12.3
Calculated Quality Rating			73.9

Fool CAPS
Total Players 437 Outperforms 14 Underperforms All-Stars (112) 112 Outperforms (100%) 0 Underperforms

Fundamental Data Updated: 12/27/2019

MIPAR	10.8%
Sweet Spot	15.8% - 20.8%

Quality Legend:
Blue	Excellent with quality greater than 80.
Green	Good with quality between 60 and 80.
Neutral	Average or below average with quality between 20 and 60.
Red	Poor with quality less than 20.
Companies with less than 10 years of history are penalized by 5 points per year.
PAR Legend:
Green	PAR is within the target range of MIPAR +5-10%, currently 15.8%-20.8%
Yellow	PAR is above the target range of MIPAR +10%, currently 20.8%
PAR	Projected Annual Return
MIPAR	The Manifest Investing Median PAR of all stocks in the database.
Company Name Legend:
*	Not covered by Value Line Standard Edition.
b	Uses price-to-book value for valuation purposes.
P/CF	Uses price-to-cash flow for valuation.